Mr. Yap is a licensed estate agent who is engaged in the estate agency business and has a valid statement of particulars of business. What should Mr. Yap do in relation to the statement of particulars of business according to the Estate Agents Licensing Regulations (LR)?
I. He should not make any amendments to it once it is approved by EAA.
II. He should make the amendments approved by his managers and directors.
III. He should make sure that this is displayed in a very conspicuous place in this business location.
IV. He should apply to EAA if there are any amendments.
V. He should apply for a replacement in case this is lost, stolen, damaged, or destroyed as soon as possible.